Startupbootcamp establishes headquarters at Dubai International Financial Centre

  • Date: 27-Jul-2020
  • Source: Gulf Daily Mail
  • Sector:Financial Markets
  • Country:UAE
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Startupbootcamp establishes headquarters at Dubai International Financial Centre

Dubai: Dubai International Financial Centre (DIFC), the leading global financial centre in the Middle East, Africa and South Asia (MEASA) region has announced that Startupbootcamp, one of the world's most active global industry-focused startup accelerators and investors has established its regional headquarters at DIFC.

The establishment of the new regional offices for Startupbootcamp further cements the long-standing partnership between the accelerator launched by Rainmaking in the Middle East and the DIFC. Startupbootcamp FinTech Dubai was launched in 2018 in partnership with DIFC, VISA, Mashreq and HSBC and to date has successfully graduated 20 FinTech start-ups in the fields of payments, lending and Islamic digital banking.

Startupbootcamp is part of Rainmaking, one of the world's leading corporate innovation and venture development firms with 12 offices globally, including major tech hubs such as London, Copenhagen, Dubai, Singapore and New York.

DIFC and Startupbootcamp Dubai facilitate an annual intensive three-month growth programme to support the business growth of start-ups and prepare them for operations and future scaling. Start-ups also benefit from mentorship and easy access to comprehensive resources, insights, technology and world-leading expertise to secure proof-of-concepts to validate their business models.

Over the last three years, FinTech has become a rapidly growing focus, supporting Dubai's position as the